Missouri Coop to Shut Down Chamois Power Plant
Posted on Mar 8, 2013 in Corporate Governance, Environmental | Comments Off on Missouri Coop to Shut Down Chamois Power Plant
Central Electric Power Cooperative’s (Central) board has decided to cease operations at the Chamois Power Plant in Missouri effective September 30. Since 1962, Associated Electric Cooperative, Inc. (AECI), the wholesale supplier of Central, has been paying all of the expenses of the plant in exchange for a right to all of the output. The plant is the smallest and the oldest of AECI’s coal plants. Central’s board based its decision on a number of factors, including environmental regulations, slower than expected load growth and the expiration of a coal supply contract. The News Tribune has the full story.
